Supply Chain

QIC has backed Pollination’s new venture capital fund, which is aiming for a final close in 2025.

Director of innovation Heather Thompson says a commitment to Cultivian’s Fund III opened the company’s eyes to the variety of agtech innovation and led to the launch of its VC unit.

Merricks Capital, which manages the A$470m Agriculture Credit Fund, will become part of ASX-listed Regal Partners in July 2024.

The Queensland-based fund will seek to deploy more capital in its home state, building on existing investments including the QLD Regional Livestock Exchange.

Dairy giant Fonterra will listen to offers for its consumer brands as well as its manufacturing facilities in Australia, New Zealand and Sri Lanka.

Australia's competition watchdog expressed concern that LDC’s acquisition of Namoi Cotton could ‘substantially lessen competition’ in the supply of cotton ginning services in northern Australia, among other issues.

Centuria has acquired Katunga Fresh’s glasshouse in Victoria through the unlisted Centuria Agriculture Fund.

A group of investors debated the merits of considering nature-based solutions as part of an infrastructure portfolio, arguing that stable long-term offtake backed by real assets could make it a close fit.

Seviora Capital’s T3F strategy has raised $173m to date for a 10-year closed-end fund focused on early-stage investments in agri-food companies across APAC.

Manulife Investment Management’s agreement with the Indonesia Investment Authority will focus on real estate investments initially, to support the country’s logistics sector.